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Panther Securities

AIM:PNS
Snowflake Description

Unattractive dividend payer with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PNS
AIM
£64M
Market Cap
  1. Home
  2. GB
  3. Real Estate
Company description

Panther Securities PLC is a property investment company that is AIM quoted. The last earnings update was 54 days ago. More info.


Add to Portfolio Compare Print
  • Panther Securities is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
PNS Share Price and Events
7 Day Returns
0%
AIM:PNS
1.8%
GB Real Estate
-0.4%
GB Market
1 Year Returns
4.3%
AIM:PNS
15%
GB Real Estate
4.4%
GB Market
PNS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Panther Securities (PNS) 0% 0% 2.9% 4.3% 21% 13.4%
GB Real Estate 1.8% 2.2% 9.5% 15% -8.1% 6.6%
GB Market -0.4% 1.5% 4.7% 4.4% 6.9% 2.9%
1 Year Return vs Industry and Market
  • PNS underperformed the Real Estate industry which returned 15% over the past year.
  • PNS matched the United Kingdom of Great Britain and Northern Ireland Market (4.4%) over the past year.
Price Volatility
PNS
Industry
5yr Volatility vs Market

PNS Value

 Is Panther Securities undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Panther Securities to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Panther Securities.

AIM:PNS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-06-30) in GBP £ .120000
Payout Ratio Company Filings (2019-06-30) 955.1%
Discount Rate (Cost of Equity) See below 10.3%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:PNS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.051 (1 + (1- 19%) (147.46%))
1.365
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.37
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.365 * 6.65%)
10.31%

Discounted Cash Flow Calculation for AIM:PNS using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Panther Securities is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

AIM:PNS Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= £0.12 / (10.31% - 1.23%)
£1.32
AIM:PNS Discount to Share Price
Calculation Result
Value per share (GBP) From above. £1.32
Current discount Discount to share price of £3.60
= -1 x (£3.60 - £1.32) / £1.32
-172.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Panther Securities is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Panther Securities's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Panther Securities's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:PNS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in GBP £-0.09
AIM:PNS Share Price ** AIM (2019-11-15) in GBP £3.6
United Kingdom of Great Britain and Northern Ireland Real Estate Industry PE Ratio Median Figure of 29 Publicly-Listed Real Estate Companies 12.7x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 753 Publicly-Listed Companies 16.93x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Panther Securities.

AIM:PNS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:PNS Share Price ÷ EPS (both in GBP)

= 3.6 ÷ -0.09

-39.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Panther Securities is loss making, we can't compare its value to the GB Real Estate industry average.
  • Panther Securities is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Panther Securities's expected growth come at a high price?
Raw Data
AIM:PNS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -39.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Real Estate Industry PEG Ratio Median Figure of 18 Publicly-Listed Real Estate Companies 0.9x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 561 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Panther Securities, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Panther Securities's assets?
Raw Data
AIM:PNS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in GBP £5.14
AIM:PNS Share Price * AIM (2019-11-15) in GBP £3.6
United Kingdom of Great Britain and Northern Ireland Real Estate Industry PB Ratio Median Figure of 37 Publicly-Listed Real Estate Companies 1.17x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,305 Publicly-Listed Companies 1.52x
AIM:PNS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:PNS Share Price ÷ Book Value per Share (both in GBP)

= 3.6 ÷ 5.14

0.7x

* Primary Listing of Panther Securities.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Panther Securities is good value based on assets compared to the GB Real Estate industry average.
X
Value checks
We assess Panther Securities's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Panther Securities has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PNS Future Performance

 How is Panther Securities expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Panther Securities has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Panther Securities expected to grow at an attractive rate?
  • Unable to compare Panther Securities's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Panther Securities's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Panther Securities's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:PNS Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 12%
United Kingdom of Great Britain and Northern Ireland Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 2.2%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 12.5%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:PNS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:PNS Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
AIM:PNS Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-06-30 14 -4 -2
2019-03-31 14 -3 3
2018-12-31 14 -2 7
2018-09-30 14 0 16
2018-06-30 14 2 25
2018-03-31 13 3 23
2017-12-31 13 4 21
2017-06-30 12 3 10
2017-03-31 13 3 4
2016-12-31 13 3 -1
2016-09-30 15 3 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Panther Securities is high growth as no earnings estimate data is available.
  • Unable to determine if Panther Securities is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:PNS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Panther Securities Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:PNS Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
AIM:PNS Past Financials Data
Date (Data in GBP Millions) EPS *
2019-06-30 -0.09
2019-03-31 0.15
2018-12-31 0.40
2018-09-30 0.90
2018-06-30 1.41
2018-03-31 1.31
2017-12-31 1.20
2017-06-30 0.54
2017-03-31 0.24
2016-12-31 -0.06
2016-09-30 -0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Panther Securities will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of PNS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Panther Securities's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. Panther Securities's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Panther Securities's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Panther Securities has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PNS Past Performance

  How has Panther Securities performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Panther Securities's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Panther Securities does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Panther Securities's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Panther Securities's 1-year growth to the GB Real Estate industry average as it is not currently profitable.
Earnings and Revenue History
Panther Securities's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Panther Securities Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:PNS Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 13.56 -1.63 2.38
2019-03-31 13.58 2.71 2.50
2018-12-31 13.61 7.05 2.62
2018-09-30 13.62 15.97 2.49
2018-06-30 13.64 24.90 2.37
2018-03-31 13.29 23.10 2.24
2017-12-31 12.95 21.30 2.11
2017-06-30 12.12 9.64 1.81
2017-03-31 12.54 4.31 2.35
2016-12-31 12.97 -1.02 2.88
2016-09-30 14.53 -0.80 4.29
2016-06-30 14.37 -0.62 4.64
2016-03-31 14.41 3.10 4.09
2015-12-31 14.44 6.82 3.54
2015-09-30 14.53 5.47 3.32
2015-06-30 14.62 4.13 3.09
2015-03-31 14.73 4.39 3.40
2014-12-31 14.83 4.65 3.70
2014-09-30 14.34 5.43 3.46
2014-06-30 13.84 6.21 3.23
2014-03-31 13.07 6.68 2.99
2013-12-31 12.29 7.16 2.74
2013-09-30 12.33 4.09 2.92
2013-06-30 12.37 1.02 3.10
2013-03-31 12.45 -0.94 3.20
2012-12-31 12.52 -2.90 3.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Panther Securities has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Panther Securities used its assets less efficiently than the GB Real Estate industry average last year based on Return on Assets.
  • It is difficult to establish if Panther Securities improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Panther Securities's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Panther Securities has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PNS Health

 How is Panther Securities's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Panther Securities's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Panther Securities is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Panther Securities's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Panther Securities's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Panther Securities Company Filings, last reported 4 months ago.

AIM:PNS Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 90.89 86.36 6.79
2019-03-31 90.89 86.36 6.79
2018-12-31 94.03 85.45 5.61
2018-09-30 94.03 85.45 5.61
2018-06-30 97.57 100.07 9.15
2018-03-31 97.57 100.07 9.15
2017-12-31 91.21 100.83 5.94
2017-06-30 76.98 95.72 9.12
2017-03-31 76.98 95.72 9.12
2016-12-31 72.38 98.17 3.87
2016-09-30 72.38 98.17 4.89
2016-06-30 68.91 102.34 6.69
2016-03-31 68.91 102.34 6.69
2015-12-31 76.10 93.14 4.39
2015-09-30 76.10 93.14 4.39
2015-06-30 73.38 94.98 4.91
2015-03-31 73.38 94.98 4.91
2014-12-31 71.55 96.67 5.34
2014-09-30 71.55 96.67 5.34
2014-06-30 70.48 88.52 4.03
2014-03-31 70.48 88.52 4.03
2013-12-31 67.92 86.59 3.86
2013-09-30 67.92 86.59 3.86
2013-06-30 65.26 88.74 4.98
2013-03-31 65.26 88.74 4.98
2012-12-31 62.05 89.70 2.81
  • Panther Securities's level of debt (94.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (124.9% vs 94.4% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Panther Securities is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Panther Securities's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Panther Securities has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PNS Dividends

 What is Panther Securities's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.33%
Current annual income from Panther Securities dividends.
If you bought £2,000 of Panther Securities shares you are expected to receive £67 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Panther Securities's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.97%).
  • Panther Securities's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.34%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:PNS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 2.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 680 Stocks 4.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:PNS Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
AIM:PNS Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-05-01 0.120 3.340
2019-04-30 0.120 3.158
2018-09-27 0.130 3.551
2018-04-25 0.120 3.251
2017-04-27 0.120 3.690
2017-04-26 0.120 3.780
2016-05-03 0.120 3.748
2016-04-27 0.120 3.057
2015-05-05 0.120 3.319
2015-04-29 0.120 3.664
2014-04-30 0.120 3.653
2014-04-29 0.120 3.810
2013-08-28 0.120 3.735
2013-04-24 0.120 3.923
2012-05-22 0.120 3.679
2012-04-25 0.120 3.556
2011-04-20 0.120 3.458
2010-04-26 0.120 3.212
2009-12-31 0.120 3.758
2009-09-09 0.120 3.531
2009-04-29 0.120 4.150

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Panther Securities's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Panther Securities's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Panther Securities afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Panther Securities has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PNS Management

 What is the CEO of Panther Securities's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Andrew Perloff
COMPENSATION £3,000
AGE 73
CEO Bio

Mr. Andrew Stewart Perloff serves as the Executive Chairman and Chief Executive Officer of Panther Securities PLC. Mr. Perloff has significant experience of corporate activity including leading several contested take-over bids. He is known for his flamboyant style and has a successful track record in adding value to smaller companies. He has been Non-Executive Director at Beale plc since March 16, 2015. He serves as a Non-Executive Director of Airsprung PLC. He serves as a Director of CJV Properties Limited; Etonbrook Properties Plc; Eurocity (Crawley) Limited; Eurocity (Rugby) Limited; Eurocity (Seaside) Limited; Eurocity Properties Plc; Eurocity Properties (Central) Limited; Eurocity Properties (Manchester) Limited; Exelchoice Limited; London Property Company Plc; Multitrust Property Investments Limited; Northstar Land Limited; Northstar Properties Limited; Northstar Property Investment Limited; Oak Properties Limited; Oak II Properties Limited; Panther (Bromley) Limited; Panther Developments Limited; Panther (Dover) Limited; Panther Shop Investments Limited; Panther Shop Investments (Midlands) Limited; Perand Limited; Portnard Limited; Saxonbest Limited; Snowbest Limited; Surry Motors Limited; Trip Properties Limited; Westmead Building Company Limited and Yardworth Limited. He served as a Non-Executive Director of Highway Capital plc from July 2009 to September 19, 2011 and Hawtin PLC from July 8, 2004 to February 14, 2006. Mr. Perloff also served on the boards of six other public limited companies, in some of which he instigated reverse takeovers. He served as Director of Wimbledon Studios Ltd.

CEO Compensation
  • Andrew's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Andrew's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Andrew Perloff

TITLE
Chairman & CEO
COMPENSATION
£3K
AGE
73

Simon Peters

TITLE
Finance Director
COMPENSATION
£163K
AGE
42
TENURE
14.8 yrs

John Perloff

TITLE
Executive Director
COMPENSATION
£83K
AGE
51
Board of Directors Tenure

Average tenure and age of the Panther Securities board of directors in years:

19.9
Average Tenure
73
Average Age
  • The average tenure for the Panther Securities board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Andrew Perloff

TITLE
Chairman & CEO
COMPENSATION
£3K
AGE
73

Simon Peters

TITLE
Finance Director
COMPENSATION
£163K
AGE
42
TENURE
14.3 yrs

John Perloff

TITLE
Executive Director
COMPENSATION
£83K
AGE
51
TENURE
14.3 yrs

Bryan Galan

TITLE
Non-Executive Director
COMPENSATION
£18K
AGE
76
TENURE
25.8 yrs

Peter Kellner

TITLE
Non-Executive Director
COMPENSATION
£18K
AGE
77
TENURE
25.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Panther Securities's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Panther Securities has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PNS News

Simply Wall St News

Should Income Investors Buy Panther Securities Plc (LON:PNS) Before Its Ex-Dividend?

Investors who want to cash in on Panther Securities Plc's (LON:PNS) upcoming dividend of UK£0.07 per share have only 2 days left to buy the shares before its ex-dividend date, 02 August 2018, in time for dividends payable on the 05 September 2018. … Investors looking for higher income-generating stocks to add to their portfolio should keep reading, as I examine Panther Securities's latest financial data to analyse its dividend characteristics. … Can it afford to pay the current rate of dividends from its earnings

Simply Wall St -

Should You Be Tempted To Buy Panther Securities Plc (LON:PNS) Because Of Its PE Ratio?

I am writing today to help inform people who are new to the stock market. … and want to begin learning the link between Panther Securities Plc (LON:PNS)’s fundamentals and stock market performance. … While this makes PNS appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio

Simply Wall St -

Is Panther Securities Plc (LON:PNS) A Financially Sound Company?

How does PNS’s operating cash flow stack up against its debt? … On top of this, PNS has generated UK£3.61M in operating cash flow during the same period of time, leading to an operating cash to total debt ratio of 3.32%, signalling that PNS’s debt is not appropriately covered by operating cash. … In PNS's, case, the ratio of 2.85x suggests that interest is not strongly covered, which means that debtors may be less inclined to loan the company more money, reducing its headroom for growth through debt.Next Steps: PNS’s high debt levels is not met with high cash flow coverage.

Simply Wall St -

What is Behind Panther Securities Plc's (LON:PNS) Superior ROE?

View our latest analysis for Panther Securities Breaking down ROE — the mother of all ratios Return on Equity (ROE) weighs Panther Securities’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Panther Securities’s equity capital deployed. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity AIM:PNS Last Perf May 9th 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses.

Simply Wall St -

Is It Time To Buy Panther Securities Plc (LON:PNS) Based Off Its PE Ratio?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each pound of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for PNS Price per share = £3.75 Earnings per share = £1.202 ∴ Price-Earnings Ratio = £3.75 ÷ £1.202 = 3.1x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … PNS’s P/E of 3.1x is lower than its industry peers (9.4x), which implies that each dollar of PNS’s earnings is being undervalued by investors.

Simply Wall St -

Is Buying Panther Securities Plc (LON:PNS) For Its Upcoming £0.1 Dividend A Good Choice?

See our latest analysis for Panther Securities How I analyze a dividend stock When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas: Is their annual yield among the top 25% of dividend payers? … AIM:PNS Historical Dividend Yield Apr 22nd 18 How does Panther Securities fare? … Relative to peers, Panther Securities generates a yield of 3.69%, which is high for Real Estate stocks but still below the market's top dividend payers.

Simply Wall St -

Who Are The Top Investors In Panther Securities Plc (LON:PNS)?

General Public Ownership With 7.76% ownership, the general public are also an important ownership class in PNS. … This size of ownership, while considerably large for a public company, may not be enough to change company policy if the decision is not in sync with other large shareholders. … Thus, investors should dig deeper into PNS's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: PNS's considerably high level of institutional ownership calls for further analysis into its margin of safety.

Simply Wall St -

Should Panther Securities Plc (LON:PNS) Be Part Of Your Portfolio?

Over the past 10 years, Panther Securities Plc (AIM:PNS) has returned an average of 4.00% per year to shareholders in terms of dividend yield. … View our latest analysis for Panther Securities Here's how I find good dividend stocks When researching a dividend stock, I always follow the following screening criteria: Is it the top 25% annual dividend yield payer? … Compared to its peers, Panther Securities generates a yield of 3.48%, which is high for Real Estate stocks but still below the market's top dividend payers.Next Steps: If you are building an income portfolio, then Panther Securities is a complicated choice since it has some positive aspects as well as negative ones.

Simply Wall St -

What You Must Know About Panther Securities Plc's (LON:PNS) Financial Strength

On top of this, PNS has produced UK£2.66M in operating cash flow during the same period of time, resulting in an operating cash to total debt ratio of 2.53%, signalling that PNS’s debt is not appropriately covered by operating cash. … Next Steps: PNS’s high debt level indicates room for improvement. … Furthermore, its cash flow coverage of less than a quarter of debt means that operating efficiency could also be an issue.

Simply Wall St -

Panther Securities Plc (LON:PNS): Is Now The Time To Bet On Real Estate?

Panther Securities Plc (AIM:PNS), a £54.29M small-cap, operates in the real estate industry which is the most prevalent industry in the global economy, and as an asset class, it has continued to play a crucial role in the portfolios of various investors. … Today, I will analyse the industry outlook, and also determine whether Panther Securities is a laggard or leader relative to its real estate sector peers. … On the stock-level, Panther Securities is trading at a lower PE ratio of 6x, making it cheaper than the average real estate stock.

Simply Wall St -

PNS Company Info

Description

Panther Securities PLC is a property investment company that is AIM quoted. The company prior to December 2013 was fully listed and included in the FTSE fledgling index. It was first fully listed as a public company in 1934. We own and manage over 950 individual property units within approximately 135 separately designated buildings over the mainland United Kingdom.

Details
Name: Panther Securities Plc
PNS
Exchange: AIM
Founded: 1934
£63,660,488
17,683,469
Website: http://www.pantherplc.com
Address: Panther Securities Plc
Unicorn House,
Station Close,
Potters Bar,
East Lothian, EN6 1TL,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM PNS Ordinary Shares London Stock Exchange AIM Market GB GBP 06. Jan 1992
Number of employees
Current staff
Staff numbers
21
Panther Securities employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/17 20:38
End of day share price update: 2019/11/15 00:00
Last estimates confirmation: 2019/04/30
Last earnings filing: 2019/09/24
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.